The long-term price elasticity of supply of housing is a key factor determining the growth rates of housing prices and … housing supply as the city grows. Therefore, the housing supply elasticity has considerable influence on the competitiveness … regional variation in the supply elasticity of housing within the U.S. The literature further shows that the supply elasticity …

has been weak. Using data for 254 US metropolitan areas, we show that housing supply elasticities have fallen markedly in … recent recovery than the previous boom. At the same time, building permits respond less. Finally, we find that housing supply …

in areas that experienced the sharpest housing busts. A lowering of the housing supply elasticity implies a strengthened … has been weak. Using data for 254 US metropolitan areas, we show that housing supply elasticities have fallen markedly in … recent years. Housing supply elasticities have declined more in areas where land-use regulation has tightened the most, and …

effects of housing supply conditions throughout a metropolitan area. New units draw residents with higher incomes from the … areas. Inelastic housing supply causes price/income ratios to rise more in ZIP codes where incomes are low, and this pattern … can be used as a real-time estimate ofregional supply constraints.Where the existing housing stock is filtering upward to …

The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the … unavailability of land for development due to restrictive geography has no significant impact on the housing supply elasticity. The …

We explore the impact of different types of supply constraints on house prices in England by exploiting a unique panel … substantive positive impact on the house price-earnings elasticity; ii) The effect of constraints due to scarcity of developable … iv) The effects of supply constraints are greater during boom than bust periods …

tight supply constraints using a unique panel dataset of 353 local planning authorities in England ranging from 1974 to 2008 …-measures, we find that: i) Regulatory constraints have a substantive positive impact on the house price-earnings elasticity; ii …